Euro zone: Industrial production increases more than expected in November

BRUSSELS, Jan 13 (Reuters) – Eurozone industrial production rose more than expected in November, helped by higher production of capital and intermediate goods, official estimates showed on Monday.

The European Union’s statistical office, Eurostat, said industrial production in the 19 countries then sharing the euro rose 1.0% in November month on month, up 2.0% year on year. annual.

Economists polled by Reuters had expected an increase of just 0.5% month on month and year on year.

For the month of October, Eurostat revised the decline in production to 1.9% over one month and confirmed an increase of 3.4% over one year.

The production of capital goods, such as machinery, increased by 1.0% during the month of November, that of intermediate goods by 0.8% and that of durable consumer goods by 0.4%.

In France, industrial production increased by 2.1% over one month and by 0.6% in Germany. (Report by Philip Blenkinsop, French version Dina Kartit, edited by Blandine Hénault)